Commercial Property Management Skills Resources by John Highman
When you provide commercial or retail property management services to a client with their property portfolio, you have some choices as to how you do things. You can treat the task as a job and just follow ‘industry standard procedures’, or you can bring some considerable strategy and added value to the client and their…
Let’s say that you have the chance of pitching and presenting your services on a good quality retail shopping center. Your services could include Property Management, Asset Management, and Leasing. There are many things to consider and talk about. Great opportunities are waiting to be ‘tapped’. Get All Retail Property Facts The client will have…
It should be said that commercial and retail property managers are very busy most of the time, so the indicators of success in managing a property or portfolio are special and unique to the job, thereby allowing for the existing pressures. There are always some difficulties here in trying to set any ‘scoring process’ for…
In commercial and retail property management, there are plenty of things to look for and monitor in the local area. Recent property transactions will give indicators that impact property performance and investment. Trends and patterns locally will help you see the changes in property returns and investment performance that will require adjustments. Strategies then come…
In commercial and retail property management, there are many situations that require good property negotiation skills and communications. Property managers must have plenty of business acumen and knowledge to handle all the lease events and occupancy issues coming their way. The larger the property, the deeper and more complex the issues over time. Diplomacy and…
Most commercial property management clients have different points of focus and priorities when it comes to their managed buildings and their investment plans. Every property manager should take time to understand the client, the property, the tenancy mix, and the prevailing market conditions. That is where listening and interpretation becomes so important. There are plenty…
In commercial real estate brokerage and property management, you need plenty of clients. That requirement is then a personal plan for all brokers and agents. Simple connections in a regular way with the right people will help you build property and listing opportunity. It is a simple formula that you can work to the fullest…
It is not easy managing a commercial or retail property at a professional level for a lengthy period. Some ‘uninformed’ people may say that the rent collection and tenant management process is ‘easy’, but that statement is far from the truth. With any investment property of reasonable size, there are plenty of things to do…
Commercial and retail property management are the parts of the property industry that are special in so many ways. Managing a property today should not be taken lightly; the complexities of commercial and retail property are many. Controls and strategies are required. That is where the ‘professional property manager’ is a business advantage. It takes…
When you manage a high-quality property for a top client, there are some things to consider in how to provide ongoing service and control. Ultimately you want to build a strong property performance for the client and the overall investment. So, what is the plan? The strategic part of property management takes a priority in…
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